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Cryptocurrency Mining Is The Next Gold Rush, And AMD To Make Short-Term Gains Selling The 'Pickaxes'
Thursday, July 27, 2017 - 11:12am | 472Read More...Despite Advanced Micro Devices, Inc. (NASDAQ: AMD)’s strong second-quarter earnings beat, Argus analyst Jim Kelleher isn’t feeling bullish, reiterating a Hold rating on the stock. BMO and Citigroup also placed Market-Perform and Sell ratings on the company, respectively, following the...
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Skyworks Under $100; Is It Time To Buy?
Thursday, July 6, 2017 - 2:22pm | 354Read More...Skyworks Solutions Inc (NASDAQ: SWKS) stock is rallying, although it is still below the $100 threshold it crossed on June 27. A sell-side opinion issued Thursday suggested it may be time to buy the stock at current levels. Argus initiated coverage of this semiconductor company with a Buy rating...
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Why Nvidia's Strategy Hints At A 'Fast-Rising' Stock Price
Friday, June 9, 2017 - 10:12am | 422Read More...Shares of NVIDIA Corporation (NASDAQ: NVDA) just keep going higher, and the stock simply keeps getting more love from Wall Street. Just a day after Citigroup upped its bull case price target for Nvidia to $300, Argus analyst Jim Kelleher raised his price target from $145 to $175 and said Nvidia...
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With New Product Announcements, Is Apple Polishing Its Franchise Or Simply Playing Catch-Up?
Wednesday, June 7, 2017 - 9:46am | 383Read More...This week at its Worldwide Developers Conference, Apple Inc (NASDAQ: AAPL) unveiled a new set of augmented reality development tools, a new iPad model, a new iMac, a new HomePod home assistant and a new peer-to-peer digital payment platform. The home assistant and peer-to-peer payment technology...
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Twilio's Potential Remains Vast, But Is Now The Right Time To Invest?
Tuesday, May 16, 2017 - 10:13am | 370Read More...Twilio Inc (NYSE: TWLO), one of the hottest IPOs of 2016, has seen its stock fall from its peak north of $70 per share in 2016 to its current level of near $25 per share. Most recently, Twilio's stock plummeted 30 percent in early May in reaction to a concerning earnings report and cautious...
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7-Month-Old iPhone 7 Already Looking 'Long In The Tooth,' And It's Apple's Fault
Thursday, May 4, 2017 - 11:27am | 382Read More...With the highly anticipated release of the iPhone 8 only months away, investors shouldn’t get too hung up on Apple Inc. (NASDAQ: AAPL)’s second-quarter results. Shares initially dropped 5 percent after Apple reported earnings. According to Argus analyst Jim Kelleher, Apple dip buyers...
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Even Trump Can't Save Twitter From Monetization Failure
Monday, May 1, 2017 - 11:48am | 412Read More...Twitter Inc (NYSE: TWTR) investors enjoyed a big post-earnings pop last week, and shares are surging another 6.5 percent on Monday after the company disclosed that CEO Jack Dorsey purchased more than half a million shares of the stock. However, a surprise uptick in user numbers in the first quarter...
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Snap Shares Are Priced For Flawless Execution
Monday, April 3, 2017 - 8:57am | 327Read More...Although Snap Inc (NYSE: SNAP) is among the fastest-growing social media platforms, its daily active user growth has slowed due to stiff competition, Argus’s Jim Kelleher said in a report. While mentioning that the Street’s revenue estimates appeared aggressive, the analyst suggested...
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IBM Is An 'Attractive Growth Story For Patient Investors'
Wednesday, March 22, 2017 - 1:13pm | 427Read More...Argus raised its price target for International Business Machines Corp. (NYSE: IBM) following the IT giant’s annual investor presentation earlier this month. IBM is changing with the times — with a slowing hardware business and growing cloud computing and artificial intelligence...
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Hewlett Packard Needs Top-Line Stability, If Not Growth, Before It Becomes A Buy
Tuesday, February 28, 2017 - 9:56am | 383Read More...“Fiscal 1Q17 represented a fourth consecutive negative annual top-line comp and the third consecutive quarter in which revenue lagged the consensus forecast,” Argus’ Jim Kelleher said about Hewlett Packard Enterprise Co (NYSE: HPE), while downgrading the rating on the company from...
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Argus Issues Bullish Commentary On HP Following Q4 Report
Monday, February 27, 2017 - 9:44am | 278Read More...HP Inc (NYSE: HPQ) posted solid fourth-quarter results, backed by strong sales by its PC business, particularly in the notebook space. In the company’s printing business, supplies revenue seems to be on track to stabilize by yearend F2017, Argus’s Jim Kelleher said in a report. Kelleher...
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Following Record Quarter, Applied Materials Is Positioned For The Future
Wednesday, February 22, 2017 - 11:30am | 299Read More...Applied Materials, Inc. (NASDAQ: AMAT) reported record order growth and non-GAAP EPS for fiscal first-quarter 2017. The company appears poised for “five multi-year inflections,” Argus’s Jim Kelleher said in a report. He reiterated a Buy rating on the company, while raising the 12-...
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Dissecting The Economy Trump Is Inheriting
Thursday, January 19, 2017 - 12:24pm | 626Read More...The stage is set for Donald Trump to take over following eight years of Democrat President Barack Obama being in office. The economy behaved relatively well under Obama. Argus, in a note released on Thursday said Trump has been elected on a mix of discontent and hope: discontent at the economy...
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NVIDIA Has Significant Room For Further Gains
Wednesday, December 28, 2016 - 9:59am | 338Read More...While NVIDIA Corporation (NASDAQ: NVDA) shares have outperformed the semiconductor index as well as the broader market by a significant margin in 2016, Argus’ Jim Kelleher believes there still is meaningful room for further gains. Kelleher maintains a Buy rating on the company, while raising...
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Micron Technology Just Rallied 12%; Argus Sees 21% Further Upside
Friday, December 23, 2016 - 10:29am | 301Read More...Argus sees 21 percent further upside in Micron Technology, Inc. (NASDAQ: MU) shares, which climbed 12 percent Thursday following strong quarterly results and guidance. Argus: Buy Rated, $28 Price Target Analyst Jim Kelleher has raised the price target by $6 to $28, implying a potential return of 21...
















